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Duo of Chevrolet NAPCO 4x4 trucks to cross the block

Interest in classic pickup trucks has been surging in the past few years, introducing car collectors to a whole new world of desirable vehicles. And while the "rules" are still being written when it comes to what's acceptable in a restoration, there are clear favorites, with austerity and originality typically valued over luxury. As nostalgia for the trucks of the 1950s increases, so do the amounts collectors are willing to pay for the workhorses of yesteryear.

Wiedeking to be offered $140 million to quit Porsche, report says

Porsche CEO Wendelin Wiedeking could be offered a $141 million (100 million euros) payoff to quit the sports car maker to make way for a merger with Volkswagen, Germany's Sueddeutsche Zeitung newspaper reported Friday. The newspaper said Wiedeking has been visited by Porsche Chairman Wolfgang Porsche in the past few days, who “made it clear” that the embattled CEO should step down. Wiedeking has come under fire for allowing Porsche's holding company to amass debts of more than $12.7 billion (9 billion euros) during a failed attempt to take over VW.

New Porsche SUV could be called Cajun

Volkswagen AG CEO Martin Winterkorn said a new Porsche small SUV will be brought to market soon as part of plans to expand the sports car brand's lineup to boost sales. Winterkorn said Porsche will get "a new SUV, a smaller brother to the Cayenne which might be named Cajun." He was speaking in an interview with German magazine Der Spiegel that was published Monday. Volkswagen is taking over Porsche Automobil Holding SE's carmaking operations as the companies build on a partnership that includes sharing vehicle platforms.